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Sheffield writes: "The Trade in Services Agreement exposed in a 17 document dump by Wikileaks on Thursday relates to ongoing negotiations to lock market liberalisations into global law."

Protests against the TPP. (photo: Backbone Campaign/Flickr)
Protests against the TPP. (photo: Backbone Campaign/Flickr)


Trade Agreements Like TPP Will Force Countries to Surrender Sovereignty and Exacerbate Inequality

By Hazel Sheffield, The Independent

06 June 15

 

The Trade in Services Agreement exposed in a 17 document dump by Wikileaks on Thursday relates to ongoing negotiations to lock market liberalisations into global law

ikileaks has warned that governments negotiating a far-reaching global service agreement are 'surrendering a large part of their global sovereignty' and exacerbating the social inequality of poorer countries in the process.

The Trade in Services Agreement exposed in a 17 document dump by Wikileaks on Thursday relates to ongoing negotiations to lock market liberalisations into global law.

If a country like China wanted to join, it would have to scrap all discriminatory practices against foreign firms – so discrimination against a foreign firm opening a hospital in China would be banned, for example.

Under the agreement, retailers like Zara or Marks & Spencers would have the right to open stores in any of the signing countries and be treated like domestic companies. A nationalised service, such as the British telecoms industry in the eighties, would have to ensure it was not harming competition under these terms.

"Nothing it will do to extend the liberalisation but it locks in those rules in case of a coup d’etat," Hosuk Lee-Makiyama, director of European Centre for International Political Economy (ECIPE) and a leading author on trade diplomacy, told The Independent.

However he said that fears the trade agreements will lead to the dismantling of the NHS are unfounded.

"Do people really think that countries far more progressive than UK (EU countries like France, Germany or Sweden) would ever accept something that threatens their social welfare model? Do people really believe that Obama would put Obamacare up for negotiation?" Lee-Makiyama said.

The extra liberalisations for telecoms and finance hark back to the World Trade Organisation agreement, which opened those sectors up for globalisation, he added.

Wikileaks says that corporations would be able to use the law in its current form to hold sway over governments, deciding whether laws promoting culture, protecting the environment or ensuring equal access to services were ‘unnecessarily burdensome’, or whether knowledge of indigenous culture or public services was essential to achieve ‘parity’.

"In other words, unaccountable private 'trade' tribunals would decide how countries could regulate activities that are fundamental to social well-being,” Wikileaks said.

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+2 # rradiof 2015-06-06 23:35
Whistling in the graveyard. Over and out.
 
 
+5 # ritawalpoleague 2015-06-07 08:12
Yep. Perhaps this war on us all (conducted now against the middle and especially the lower income class, by the actual 'terrorists' (a.k.a. known as the 1%) will find sooooo many of us "Whistling in the graveyard. Over and out."

Time to wake up folks, and pull together in what our Occupy Wall Streeters told us to do...."What's the Solution? Global Revolution.") And, let's give rare plus true people serving (vs. self and 1% serving) politicians a chance. My choice - Bernie Sanders, insofar as...

SANDERS PANDERS NOT, TO THE 1%
 
 
+2 # Inspired Citizen 2015-06-07 05:02
"Nothing it will do to extend the liberalisation but it locks in those rules in case of a coup d’etat," Hosuk Lee-Makiyama... told The Independent.

If any of these rigged, regulatory regimes are passed, they will be a coup des lois.

http://www.examiner.com/article/obama-s-tpp-would-be-a-corporate-coup-des-lois
 
 
+2 # Robbee 2015-06-07 10:56
leak of ttip is our first peek into tpp - it's not looking good -

Wikileaks says that corporations would be able to use the law in its current form to hold sway over governments, deciding whether laws promoting culture, protecting the environment or ensuring equal access to services were ‘unnecessarily burdensome ...

"In other words, unaccountable private 'trade' tribunals would decide how countries could regulate activities that are fundamental to social well-being,” Wikileaks said.
 
 
+2 # ChrisCurrie 2015-06-07 19:45
Do people really believe that Obama would put Obamacare up for negotiation?" YES! The TPP that Obama is proposing WOULD not only put "Obamacare up for negotiation", it would destroy the whole program, just as our Republicans in Congress have been attempting to do ever since Obamacare was established. Stock owned corporations literally "have no god but money"; they don't give a damn how many Americans the kill (by denying them healthcare coverage) as long as they can continue to profit by doing so! By dishonestly promoting the TPP, President Obama is not only destroying his own credibility (forever), he is attempting to set the world up to destroy nearly every good thing that he has accomplished (including our economy)!
 

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